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How to buy Cantel Medical stock | $76.77

Own Cantel Medical stock in just a few minutes.

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Cantel Medical Corp is a medical instruments & supplies business based in the US. Cantel Medical shares (CMD) are listed on the NYSE and all prices are listed in US Dollars. Cantel Medical employs 3,669 staff and has a trailing 12-month revenue of around USD$1.1 billion.

How to buy shares in Cantel Medical

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Cantel Medical. Find the stock by name or ticker symbol: CMD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Cantel Medical reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$76.77, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Cantel Medical, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Cantel Medical. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Cantel Medical share price

Use our graph to track the performance of CMD stocks over time.

Cantel Medical shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$76.77
52-week rangeUSD$20.81 - USD$80.91
50-day moving average USD$65.2155
200-day moving average USD$52.0289
Wall St. target priceUSD$84
PE ratio 105.0926
Dividend yield USD$0.21 (0.66%)
Earnings per share (TTM) USD$0.756

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Cantel Medical stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Cantel Medical price performance over time

Historical closes compared with the close of $76.77 from 2020-12-18

1 week (2021-01-12) -8.47%
1 month (2020-12-18) 76.77
3 months (2020-10-19) 57.28%
6 months (2020-07-17) 54.16%
1 year (2020-01-17) 22.91%
2 years (2019-01-18) -2.98%
3 years (2018-01-19) 113.1
5 years (2016-01-19) 36.65%

Is Cantel Medical under- or over-valued?

Valuing Cantel Medical stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cantel Medical's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cantel Medical's P/E ratio

Cantel Medical's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 105x. In other words, Cantel Medical shares trade at around 105x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Cantel Medical's PEG ratio

Cantel Medical's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7358. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cantel Medical's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cantel Medical's EBITDA

Cantel Medical's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$188.9 million.

The EBITDA is a measure of a Cantel Medical's overall financial performance and is widely used to measure a its profitability.

Cantel Medical financials

Revenue TTM USD$1.1 billion
Operating margin TTM 11.41%
Gross profit TTM USD$462.6 million
Return on assets TTM 3.81%
Return on equity TTM 4.35%
Profit margin 3.07%
Book value $18.283
Market capitalisation USD$3.4 billion

TTM: trailing 12 months

Shorting Cantel Medical shares

There are currently 2.6 million Cantel Medical shares held short by investors – that's known as Cantel Medical's "short interest". This figure is 10.5% down from 2.9 million last month.

There are a few different ways that this level of interest in shorting Cantel Medical shares can be evaluated.

Cantel Medical's "short interest ratio" (SIR)

Cantel Medical's "short interest ratio" (SIR) is the quantity of Cantel Medical shares currently shorted divided by the average quantity of Cantel Medical shares traded daily (recently around 369488.10888252). Cantel Medical's SIR currently stands at 6.98. In other words for every 100,000 Cantel Medical shares traded daily on the market, roughly 6980 shares are currently held short.

However Cantel Medical's short interest can also be evaluated against the total number of Cantel Medical shares, or, against the total number of tradable Cantel Medical shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cantel Medical's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Cantel Medical shares in existence, roughly 60 shares are currently held short) or 0.0779% of the tradable shares (for every 100,000 tradable Cantel Medical shares, roughly 78 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Cantel Medical.

Find out more about how you can short Cantel Medical stock.

Cantel Medical share dividends

6%

Dividend payout ratio: 5.5% of net profits

Recently Cantel Medical has paid out, on average, around 5.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.66% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cantel Medical shareholders could enjoy a 0.66% return on their shares, in the form of dividend payments. In Cantel Medical's case, that would currently equate to about $0.21 per share.

While Cantel Medical's payout ratio might seem low, this can signify that Cantel Medical is investing more in its future growth.

Cantel Medical's most recent dividend payout was on 31 January 2020. The latest dividend was paid out to all shareholders who bought their shares by 16 January 2020 (the "ex-dividend date").

Have Cantel Medical's shares ever split?

Cantel Medical's shares were split on a 3:2 basis on 15 July 2013. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Cantel Medical shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Cantel Medical shares which in turn could have impacted Cantel Medical's share price.

Cantel Medical share price volatility

Over the last 12 months, Cantel Medical's shares have ranged in value from as little as $20.81 up to $80.91. A popular way to gauge a stock's volatility is its "beta".

CMD.US volatility(beta: 1.47)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cantel Medical's is 1.4693. This would suggest that Cantel Medical's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Cantel Medical overview

Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Medical segment offers automated endoscope reprocessing systems; disinfectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets and transport systems; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services. Its Life Sciences segment provides dialysis water purification and bicarbonate mixing systems; hollow fiber filters, and other filtration and separation products; liquid disinfectants and cold sterilization products; dry fog products; room temperature sterilization equipment and services; and clean-room certification and decontamination services for the dialysis and other healthcare, research laboratories, food and beverage, and commercial industrial customers, as well as microbiological testing services. The company's Dental segment offers hand and powered dental instruments, instrument reprocessing and sterility assurance products, towels, bibs, tray liners, sponges, nitrous oxide/oxygen sedation equipment and related single-use disposable nasal masks, face masks, and shields. It also provides hand sanitizers, germicidal wipes, disinfectants, surface disinfectants, waterline treatment products, saliva ejectors, evacuator tips, plastic cups, prophy angles, and prophy paste. The company's Dialysis segment provides hemodialysis concentrates and other ancillary supplies; medical device reprocessing systems; and sterilants and disinfectants. The company sells its products through its direct distribution network in the United States; and directly or under various third-party distribution agreements internationally. Cantel Medical Corp. was founded in 1963 and is headquartered in Little Falls, New Jersey.

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